Rebar prices in the United Kingdom will increase further this year under pressure from rising raw materials costs, the chairman of the British Independent Reinforcement Fabricators Association (Birfa) said this week. “Cost pressures on steelmaking raw materials and consumables continue to mount, driven by consumption in other sectors and regions,” Andy Kirkcaldy said on Wednesday

BIRFA, the British Independent Reinforcement Fabricators Association, is expecting prices for reinforcing steel to continue to increase through 2018. Although forecast UK demand for construction products in 2018 is relatively poor compared to recent years, cost pressures on steelmaking raw materials and consumables continue to mount, driven by consumption in other sectors and regions. Since